
Raptor Resources (RAP:AU) has announced Raptor Completes Further Drilling at Chester Project
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Raptor Resources (RAP:AU) has announced Raptor Completes Further Drilling at Chester Project
Download the PDF here.


Strong demand in the face of looming supply shortages has pushed copper to new heights in recent years.
With a wide range of applications in nearly every sector, copper is by far the most industrious of the base metals. In fact, for decades, the copper price has been a key indicator of global economic health, earning the red metal the moniker “Dr. Copper.” Rising prices tend to signal a strong global economy, while a significant longer-term drop in the price of copper is often a symptom of economic instability.
After bottoming out at US$2.17 per pound, or US$5,203.58 per metric ton (MT), in mid-March 2020, copper has largely been on an upward trajectory.
Why is copper so expensive in 2026? Higher copper prices over the past few years have largely been attributed to a widening supply/demand gap. Copper mining and refining activities simply haven’t kept up with the rebound in economic activity in recent years, and rising demand from AI infrastructure and electrification are raising demand even higher.
Now, global copper mine supply is tightening at a time when US President Donald Trump’s tariffs are placing further strains on copper supply. In response, copper prices hit multiple new records in 2025 and 2026.
Robust demand has long been one of the strongest factors driving copper prices. The ever-growing number of copper uses in everyday life — from building construction and electrical grids to electronic products and home appliances — make it the world’s third most-consumed metal.
Copper’s anti-corrosive and highly conductive properties are why it’s the go-to metal for the construction industry, and it’s used in products such as copper pipes and copper wiring. In fact, construction is responsible for nearly half of global copper consumption. Rising demand for new homes and home renovations in both Asian and Western economies is expected to support copper prices in the long term.
In recent decades, copper price spikes have been strongly tied to rising demand from China as the economic powerhouse injects government-backed funding into new housing and infrastructure. Industrial production and construction activity in the Asian nation have been like rocket fuel for copper prices.
Additionally, copper’s conductive properties are increasingly being sought after for use in renewable energy applications, including thermal, hydro, wind and solar energy.
However, the biggest driver of copper consumption in the renewable energy sector is rising global demand for electric vehicles (EVs), EV charging infrastructure and energy storage applications. As governments push forward with transportation network electrification and energy storage initiatives as a means to combat climate change, copper demand from this segment is expected to surge.
New energy vehicles use significantly more copper than internal combustion engine vehicles, which only contain about 22 kilograms of copper. In comparison, hybrid EVs use an average of 40 kilograms, plug-in hybrid EVs use 55 kilograms, battery EVs use 80 kilograms and battery electric buses use 253 kilograms.
In 2025, EV sales worldwide increased by 20 percent over 2024 to come in at about 20.7 million units, and analysts at Rho Motion expect that trend to continue in the coming years despite some headwinds in the near-term.
On the supply side of the copper market, the world’s largest copper mines are facing depleting high-grade copper resources, while over the last decade or more new copper discoveries have become few and far between. This is a challenging problem considering it can take as many as 10 to 20 years to move a project from discovery to production.
There have also been ongoing production issues at copper mines over the past few years. In late 2023, First Quantum Minerals (TSX:FM,OTCPL:FQVLF) was forced to shut down its Cobre Panama mine by the government following wide-spread protests. Then, in 2025, accidents at Ivanhoe’s (TSX:IVN,OTCQX:IVPAF) Kamoa-Kakula mine in Mali and Freeport-McMoRan’s (NYSE:FCX) Grasberg mine in Indonesia wiped out hundreds of thousands of metric tons of production.
While all three mines are expected to return to production, it will take time before they reach full capacity and will continue to exacerbate supply deficits in the copper market.
The International Energy Agency (IEA) is forecasting a 30 percent shortfall in the amount of copper needed to meet demand by 2035. “This will be a major challenge. It’s time to sound the alarm,” IEA Executive Director Fatih Birol said.
This has increased the need for end users to turn to the copper scrap market to make up for the supply shortage. Sometimes referred to as “the world’s largest copper mine,” recycled copper scrap contributes significantly to supplying and balancing the copper market.
“We are seeing signs this could change. Much of the growth over the last five years has come from brownfield expansions rather than greenfield/new discoveries,’ she said. ‘Technology will likely help increase the chance of discovery, and broadly I would say that policymakers are now more supportive of mineral exploration as the push to secure critical raw materials supply has moved up the agenda.’
Joannides offered some examples of greenfield projects in the pipeline: Capstone Copper’s (TSX:CS,OTC Pink:CSCCF) Santo Domingo in Chile, Southern Copper’s (NYSE:SCCO) Tia Maria in Peru and Teck Resources’ (TSX:TECK.A,TECK.B,NYSE:TECK) Zafranal in Peru.
Taking a look back at historical price action, the copper price has had a wild ride for more than two decades.
Sitting at US$1.38 per pound in late January 2005, the copper price followed global economic growth up to a high of US$3.91 in April 2008. Of course, the global economic crisis of 2008 soon led to a copper crash that left the metal at only US$1.29 by the end of year.
Once the global economy began to recover in 2011, copper prices posted a new record high of US$4.58 per pound at the start of the year. However, this high was short-lived as the copper price began a five year downward trend, bottoming out at around US$1.95 in early 2016.
Copper prices stayed fairly flat over the next four years, moving in a range of US$2.50 to US$3 per pound.
20 year COMEX copper price chart, 2006 to 2026.
Chart via Macrotrends.
The pandemic’s impact on mine supply and refined copper in 2020 pushed prices higher despite the economic slowdown. The copper price climbed from a low of US$2.17 in March to close out the year at US$3.52.
In 2021, signs of economic recovery and supercharged interest in EVs and renewable energy pushed the price of copper to rally higher and higher. Copper topped US$4.90 per pound for the first time ever on May 10, 2021, before falling back to close at US$4.76.
Also affecting the copper price at that time was expectations for higher copper demand amid supply concerns out of two of the world’s major copper producers: Chile and Peru. In late April 2021, port workers in Chile called for a strike, while in Peru presidential candidate Pedro Castillo proposed nationalizing mining and redrafting the country’s constitution.
In early May 2021, news broke that copper inventories were at their lowest point in 15 years. Expert market watchers such as Bank of America commodity strategist Michael Widmer warned that further inventory declines into 2022 could lead to a copper market deficit.
After climbing to start 2022 at US$4.52, the copper price continued to spike on economic recovery expectations and supply shortages to reach US$5.02 per pound on March 6. Throughout the first quarter, fears of supply chain disruptions and historically low stockpiles amid rising copper demand drove prices higher.
However, copper prices pulled back in mid-2022 on worries that further COVID-19 lockdowns in China, as well as a growing mortgage crisis, would slow down construction and infrastructure activity in the Asian nation. Rising inflation and interest hikes by the Fed also placed downward pressure on a wide basket of commodities, including copper. By late July 2022, copper prices were trading down at nearly a two year low of around US$3.30.
In the early months of 2023 the copper price was trading over the US$4 per pound level after receiving a helpful boost from continuing concerns about low copper inventories, signs of rebounding demand from China, and news about the closure of Peru’s Las Bambas mine, which accounts for 2 percent of global copper production.
However, that boost turned to a bust in the second half of 2023 as China continued to experience real estate sector issues, alongside the economic woes of the rest of the world. The price of copper dropped to a low for the year of US$3.56 per pound in mid October.
Elevated supply levels kept copper trading in the US$3.50 to US$3.80 range for much of Q1 2024 before experiencing strong gains that pushed the price of the red metal to US$4.12 on March 18.
Those gains were attributed to in part to tighter copper concentrate supply following the closure of First Quantum Minerals’ Cobre Panama mine, guidance cuts from Anglo American (LSE:AAL,OTCQX:AAUKF) and declining production at Chile’s Chuquicamata mine. In addition, China’s top copper smelters announced production cuts after limited supply led to lower profits from treatment and refining charges.
BHP’s (ASX:BHP,NYSE:BHP,LSE:BHP) attempted takeover of Anglo American also stoked fears of even tighter global copper mine supply. These supply-side challenges continued to juice copper prices in Q2 2024, causing a jump of nearly 29 percent from US$4.04 per pound on April 1 to a then all-time high of US$5.20 by May 20, 2024.
After starting 2025 at US$3.99 per pound, copper prices were lifted in Q1 by increasing demand from China’s economic stimulus measures, renewable energy and artificial intelligence (AI) technologies and stockpiling brought on by fear of US President Trump’s tariff threats.
At the time, Trump had said the US was considering placing tariffs of up to 25 percent on all copper imports in a bid to spark increased domestic production of the base metal.
In late February, he signed an executive order instructing the US Commerce Department to investigate whether imported copper poses a national security risk under Section 232 of the Trade Expansion Act of 1962. The price of copper reached a new high price of US$5.24 per pound on March 26 as tariff tensions escalated.
Trump’s tariff talk sparked yet another copper price rally in early July when he announced he plans to impose a 50 percent tariff on all imports of the red metal, and it moved higher towards the end of the month in anticipation of them entering effect. By the end of the month, the copper price had climbed to US$5.96 per pound.
However, copper’s price plummeted back toward the US$4 mark on July 31 following the reveal that tariffs would not be imposed on imports of raw or refined copper, instead targeting semi-finished copper products.
The price began to rebound once again in September following the accident at Freeport McMoRan’s Grasberg mine, ultimately tipping the market from a surplus position into a deficit.
The price crossed back above the US$5 mark by the end of October, and, with supply and demand fundamentals fueling its momentum, copper was trading at US$5.60 by the end of 2025.
The highest ever copper price on the COMEX is US$6.61 per pound, while the highest LME copper price is US$14,572.54 per metric ton. Copper hit both of these new all-time highs on January 29, 2026. Read on to found out how the copper price reached those heights.
The new copper high on January 29, 2026, resulted from a buying spree driven by speculative trading, primarily out of China amid growing expectations of higher growth in the US economy and an increased global spending on data centers and power infrastructure projects.
That day, copper prices on the LME jumped 11 percent, although the gain had lessened to a 4 percent jump by the close of trading.
Looking at the bigger picture, copper’s rally in recent years has encouraged bullish sentiment on prices looking ahead. In the longer term, the fundamentals for copper are expected to get tighter as demand increases from sectors such as EVs and energy storage.
A May 2024 report from the International Energy Forum (IEF) projected that as many as 194 new copper mines may need to come online by 2050 to support massive demand from the global energy transition.
Additionally, a January 2026 report from S&P Global stated that the world will need 14 million more metric tons of copper annually to meet demand compared to 2025’s 27 million MT of copper. The firm reports that supply is expected to peak in 2030 without expansion.
Looking at renewable energy, according to the Copper Development Association, solar installations require about 5.5 MT of copper for every megawatt, while onshore wind turbines require 3.52 MT of copper and offshore wind turbines require 9.56 MT of copper.
The rise of AI technology is also bolstering the demand outlook for copper. Commodities trader Trafigura has said AI-driven data centers could add 1 million MT to copper demand by 2030, reports Reuters.
Copper market fundamentals suggest a return to a bull market cycle for the red metal in the medium-term. The copper supply/demand imbalance also presents an investment opportunity for those interested in copper-mining stocks.
If you’re looking to diversify your portfolio with other investment options, check out copper ETFS and ETNs or copper futures contracts.
Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.


NorthStar Gaming Holdings Inc. (TSXV: BET,OTC:NSBBF) (OTCQB: NSBBF) (‘NorthStar’ or the ‘Company’) today provided an update on its strategic priorities for 2026, focused on disciplined execution, effective capital allocation, and improving the Company’s profitability profile. All dollar figures are quoted in Canadian dollars.
The Company’s core strategy remains focused on growing and enhancing the NorthStar Bets online betting platform, which is known for its user-friendly interface, strong customer service, ongoing product innovation, and Canadian roots. Further enhancements to the core player experience and product functionality to drive retention and engagement will support the Company’s approach going forward.
In 2026, the Company is executing a disciplined operating plan to progress towards profitability through advertising efficiency, operating leverage, and cost management. These initiatives are intended to preserve cash resources, improve near-term returns on invested capital, and continue to enhance the quality and functionality of the Company’s product offerings.
As part of this plan, the Company has taken targeted actions to streamline general and administrative expenses. These actions are expected to result in approximately $3 million in annualized G&A cost savings, with the full financial impact expected to phase in over the course of 2026. In parallel, management continues to evaluate and implement additional operating and marketing efficiencies through oversight of discretionary advertising spend decisions and ongoing optimization of vendor and services contracts.
‘We are focused on taking deliberate, measured steps to position the Company for profitability,’ said Corey Goodman, Interim Chief Executive Officer of NorthStar. ‘The expected annualized G&A savings reflect measures that have largely been implemented. Building on these reductions, management is actively deploying additional efficiency and operating leverage initiatives across services, marketing spend, and cost of goods sold that are expected to materially enhance the Company’s EBITDA profile. In parallel, targeted investments in the product experience are being made to improve retention and increase the stability and predictability of revenue over time.’
Key initiatives supporting these objectives include:
Taken together, these initiatives are expected to have a meaningful impact on the Company’s EBITDA profile as cost efficiencies and operating leverage are realized over the course of 2026.
The Company expects to continue to incur a declining portion of cash expenditures associated with resources being phased out of the business during a transition period through 2026, with the revised expense run rate expected to be fully reflected beginning in 2027. The Company expects to record certain restructuring-related costs in connection with these initiatives, which would be recognized in accordance with applicable international financial reporting standards. Management continues to actively monitor liquidity and capital requirements as these initiatives are implemented. The Company’s capital structure and lender relationships remain an important part of its broader operating and capital planning process. The cost reduction initiatives are expected to strengthen the Company’s covenant position in 2026, and constructive discussions with its senior lender are ongoing.
Additional details regarding the Company’s financial outlook, liquidity and associated risks were described in its management’s discussion & analysis dated November 26, 2025, available on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.northstargaming.ca.
About NorthStar
NorthStar proudly owns and operates NorthStar Bets, a Canadian-born casino and sportsbook platform that delivers a premium, distinctly local gaming experience. Designed with high-stakes players in mind, NorthStar Bets Casino offers a curated selection of the most popular games, ensuring an elevated user experience. Our sportsbook stands out with its exclusive Sports Insights feature, seamlessly integrating betting guidance, stats, and scores, all tailored to meet the expectations of a premium audience.
As a Canadian company, NorthStar is uniquely positioned to cater to customers who seek a high-quality product and an exceptional level of personalized service, setting a new standard in the industry. NorthStar is committed to operating at the highest level of responsible gaming standards.
NorthStar is listed in Canada on the TSX Venture Exchange (‘TSXV’) under the symbol ‘BET’ and in the United States on the OTCQB under the symbol ‘NSBBF’. For more information on the Company, please visit: www.northstargaming.ca.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.
Cautionary Note Regarding Forward-Looking Information and Statements
This press release contains ‘forward-looking information’ within the meaning of applicable securities laws in Canada (‘forward-looking statements’), including without limitation, statements with respect to the following: expected performance of the Company’s business, including, but not limited to, anticipated expense run rates, cash-expenditures and restructuring-related costs, and the amount, nature timing of cost savings, return on investment and other benefits resulting from cost reduction and operating initiatives, expansion into new markets and future growth opportunities, and expected benefits of transactions. The foregoing are provided for the purpose of presenting information about management’s current expectations and plans relating to the future and allowing investors and others to get a better understanding of the Company’s anticipated financial position, results of operations, and operating environment. Often, but not always, forward- looking statements can be identified by the use of words such as ‘plans’, ‘expects’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘continues’, ‘forecasts’, ‘projects’, ‘predicts’, ‘intends’, ‘anticipates’ or ‘believes’, or variations of, or the negatives of, such words and phrases, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘should’, ‘might’ or ‘will’ be taken, occur or be achieved. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. This forward-looking information is based on management’s opinions, estimates and assumptions, including, but not limited to, operating assumptions with respect to the timing of and benefits resulting from cost reduction and operating initiatives, that, while considered by NorthStar to be appropriate and reasonable as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by such forward- looking information. Such factors include, among others, the following: the Company’s ability to operate as a going concern, risks related to the Company’s business and financial position, including, but not limited to, compliance with debt-related covenants; risks associated with general economic conditions; the effect of capital market conditions and other factors on capital availability, adverse industry risks; future legislative and regulatory developments; the ability of the Company to implement its business strategies, including, but not limited to, its cost reduction and operating initiatives; and those factors discussed in greater detail under the ‘Risk Factors’ section of the Company’s most recent annual information form, which is available under NorthStar’s profile on SEDAR+ at www.sedarplus.ca. Many of these risks are beyond the Company’s control.
If any of these risks or uncertainties materialize, or if the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those anticipated in the forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other risk factors not presently known to the Company or that the Company presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking statements. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this press release represents NorthStar’s expectations as of the date specified herein, and are subject to change after such date. However, the Company disclaims any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws.
All of the forward-looking information contained in this press release is expressly qualified by the foregoing cautionary statements.
For further information: Company Contact:
Corey Goodman
Interim Chief Executive Officer 647-530-2387
investorrelations@northstargaming.ca

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284980
News Provided by TMX Newsfile via QuoteMedia

Ni-Co Energy Inc. (“Ni-Co Energy” or the “Company”) is pleased to announce that it has filed a preliminary prospectus (the “Preliminary Prospectus”) with the securities regulatory authorities in the provinces of Québec, Ontario, Alberta, and British Columbia in connection with its proposed initial public offering (the “Offering”) of common shares of the Company (each a “Share”). The Offering is structured as a minimum offering of $1,500,000 (6,000,000 Shares) and a maximum offering of $3,000,000 (12,000,000 Shares), at a price of $0.25 per Share. The Company and the Agent (as defined herein) may jointly elect, at any time up to 48 hours prior to closing, to have up to 1,333,333 Shares issued as “flow-through” shares (each an “FT Share”) within the meaning of the Income Tax Act (Canada) at a price of $0.60 per FT Share.
The Offering will be conducted on a best-efforts basis by Research Capital Corporation (the “Agent”). The Company has granted the Agent an over-allotment option, exercisable in the Agent’s sole discretion, in whole or in part, at any time until and including 30 days following the closing of the Offering, to purchase up to 1,800,000 additional Shares (representing 15% of the Shares sold under the Offering) at the applicable offering price. Pursuant to an agency agreement, the Agent will receive: (i) a cash agency fee equal to 10% of gross proceeds (or 4% in respect of sales to President’s List purchasers, being purchasers identified by the Company, representing up to $1,500,000 in subscriptions); (ii) a corporate finance advisory fee of $50,000; and (iii) agent’s compensation warrants entitling the Agent to purchase up to 1,200,000 Shares at $0.25 per share for a period of 24 months from the closing date of the Offering.
The Preliminary Prospectus contains important information relating to the Company, its business, and the Offering, and remains subject to completion or amendment. Copies are available under Ni-Co Energy’s profile on SEDAR+ (www.sedarplus.ca). Completion of the Offering is subject to, among other things, the receipt of customary approvals, including regulatory approvals. There will not be any sale or any acceptance of an offer to buy the Shares until a receipt for the final prospectus has been issued by the relevant securities regulatory authorities in Canada.
The Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws. Accordingly, the Shares may not be offered or sold within the United States or to U.S. persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws, or pursuant to exemptions from the registration requirements thereof. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of Ni-Co Energy in any jurisdiction in which such offer, solicitation, or sale would be unlawful.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For Further Information, Please Contact
Alain Tremblay
President & Chief Executive Officer
info@nicoenergy.ca
819-485-1602
Forward-Looking Information
This news release may contain forward-looking information within the meaning of applicable securities laws, which reflects the Company’s current expectations regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control. Such risks and uncertainties include, but are not limited to, failure to complete the Offering and the factors discussed under “Risk Factors” in the Preliminary Prospectus. Actual results could differ materially from those projected herein. The Company does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws.
Source
Click here to connect with Ni-Co Energy Inc. to receive an Investor Presentation


The annual Prospectors & Developers Association of Canada (PDAC) convention is returning this year from March 1 to 4, and it comes at a significant time for the global resource sector.
Precious metals prices are at historic highs, and countries around the world are increasingly recognizing the importance of the mining industry, especially when it comes to building out supply chains for critical minerals.
This year’s convention, which will bring together more than 27,000 attendees from over 125 countries, promises to touch on these key topics and more as diverse thought leaders take the stage.
Read on for her perspective on the industry and her tips and tricks for making the most of PDAC.
KR: Heading into PDAC, there is a positive outlook across the resource sector. Demand for minerals remains strong, and higher commodity prices supported investment through much of 2025. That momentum is showing up across the industry, with companies advancing work and actively assessing new opportunities.
At the same time, the global environment is becoming more competitive as countries work to secure the minerals needed to support their economies. That makes this an important time for the industry. The upcoming PDAC Convention provides the opportunity for leaders to step back from day-to-day tasks, assess where things are heading and have the kinds of conversations that help shape investment decisions.
KR: One of the clearest trends is the growing recognition of how essential minerals are to modern life, from infrastructure and manufacturing to emerging technologies.
That awareness continues to support interest in exploration and in building strong channels for future supply. Technology is also playing a larger role in how companies evaluate opportunities and make decisions, whether through robust geological data or improved digital tools that support exploration.
At the same time, responsible development remains front of mind. Companies understand that environmental performance and strong relationships with communities are fundamental to long-term success. Taken together, these trends point to an industry that is adapting and positioning itself for what comes next.
KR: PDAC 2026 will focus on what is needed to drive new investment and responsible mineral development. Capital markets, supply chains, technological innovation and the broader policy environment will all feature prominently because these aspects directly influence how work advances across the sector.
What makes the convention distinctive is the breadth of experience brought together across the event. Participants hear from industry leaders, technical experts and policymakers, but just as importantly, they have the opportunity to exchange perspectives with peers from around the world.
KR: PDAC 2026 will host more than 1,300 exhibitors, representing the largest trade show footprint in the convention’s history. That level of participation underscores the convention’s role as a global meeting place for the mineral industry, bringing together companies, governments and service providers to showcase expertise, connect with decision-makers and build relationships that support investment and growth.
The Keynote Program is a major draw, convening influential voices from across the global mining industry to discuss commodity outlooks, leadership, innovation and major discoveries.
We will hear from Gustavo Pimenta, CEO of Vale (NYSE:VALE), on accelerating the future of mining, and from Don Lindsay, director at BHP (ASX:BHP,NYSE:BHP,LSE:BHP) and retired CEO of Teck Resources (TSX:TECK.A,TECK.B,NYSE:TECK), on mining finance and leadership. Mikko Tepponen, digital officer at BHP, will explore how data and artificial intelligence are influencing decision-making, while Paul Bartos, former principal greenfields geologist at AngloGold Ashanti (NYSE:AU,JSE:ANG), will deliver the Discovery of the Year keynote.
Beyond the formal program, some of the most valuable moments happen in conversations throughout the convention, where introductions are made, partnerships take shape and new opportunities emerge.
KR: The pace of change across the resource sector is accelerating, and the decisions being made today will help shape supply for decades to come.
In that environment, opportunities to come together in person matter. PDAC creates space for thoughtful dialogue, informed debate and practical collaboration, the kinds of interactions that help turn ideas into action.
As global demand for minerals continues to grow, the importance of aligning investment, innovation and responsible development has never been clearer. PDAC remains focused on supporting those conversations and helping to position the industry for long-term success.
PDAC is widely regarded as a can’t-miss event for investors, executives and companies in the resource sector, and with over 1,300 exhibitors, this year’s convention is sure to be a dynamic experience.
If you’d like to attend PDAC, click here for detailed information on how to register.
You can also click here to sign up to receive the latest news and announcements from PDAC, or follow PDAC on X, LinkedIn, YouTube, Facebook and Instagram. We look forward to seeing you there!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.


Stefan Gleason, CEO of Money Metals, breaks down recent silver and gold dynamics, discussing trends in the US retail market, as well as backups at refineries.
While the situation has begun to normalize, he sees potential for further disruptions in the future.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.


With one of the world’s highest-purity silica districts and a full-stack downstream strategy, Homerun Resources is building an integrated platform spanning raw materials, solar glass, energy storage and next-generation photovoltaics to capture value across the global clean-energy supply chain.
Homerun Resources (TSXV:HMR,OTC:HMRFF,FSE: 5ZE) is executing a three-phase strategic plan to become a leading global supplier and processor of high-purity silica, transforming it into high-value products for the renewable energy and advanced materials markets. Phase 1 secured the Belmonte Silica District and logistics pathway; Phase 2 is advancing construction of processing and solar glass facilities; Phase 3 will integrate downstream verticals which include energy storage, perovskite PV and AI-driven energy solutions.
The company’s competitive advantage begins with raw material quality. Its flagship silica sands rank among the purest globally, allowing direct use in solar glass manufacturing without costly beneficiation. Combined with supportive regional development initiatives, infrastructure access and proximity to export routes, this foundation supports low operating costs and accelerated development timelines.
Homerun is targeting markets where demand is rising, supply is constrained and domestic production is strategically favored. Brazil currently imports most solar glass and high-purity silica products, creating a strong opportunity for a local supplier with scale, purity and vertical integration.
The Santa Maria Eterna (SME) district is Homerun’s cornerstone asset and hosts a NI 43-101 mineral resource of 25.56 Mt measured and 38.35 Mt inferred grading above 99.6 percent SiO₂. The deposit’s chemistry allows direct furnace feed for solar glass and high-end industrial applications, eliminating costly purification required by lower-grade deposits.
Independent testwork has demonstrated the ability to upgrade material to >99.99 percent purity using advanced non-chemical processing techniques, confirming suitability for demanding high-technology markets such as solar modules, specialty glass and advanced ceramics.
Strategically located beside a major roadway within trucking distance of export infrastructure, SME benefits from favorable logistics, low royalty rates and strong district-scale expansion potential.
• 63.9 Mt combined resource
• 99.6 percent SiO₂ purity
• Ultra-low impurities
• Direct solar-glass feed capability
• District expansion upside
The planned HPQ processing plant represents Homerun’s first commercial development stage, designed to produce 120,000 tonnes per year of ultra-pure silica. Metallurgical testing confirms the ability to reach >99.99 percent purity levels required for solar, semiconductor, optical glass and specialty industrial applications.
Because the feedstock is already exceptionally pure, the facility is expected to operate with lower processing intensity than typical silica upgrading operations. The modular plant design also allows scalable expansion aligned with market demand.
This project establishes the foundation for Homerun’s downstream strategy, transforming raw silica into high-margin engineered materials rather than selling commodity sand.
• Initial 120,000 tpa capacity
• 99.99 percent purity output
• Modular expansion capability
• Targets high-value specialty markets
• First step toward vertical integration
Homerun is advancing plans for Latin America’s first dedicated solar glass manufacturing plant located adjacent to its silica resource. The facility is designed to produce up to 365,000 tonnes annually, positioning the company to supply Brazil’s rapidly expanding solar industry.
The project is supported by signed offtake agreements and engineering collaboration with leading global furnace and glass-plant specialists. Domestic tariffs and incentives supporting local manufacturing further strengthen the economics of in-country production.
Brazil’s solar pipeline exceeds 100 GW of planned capacity, creating a large addressable market currently dependent on imports. Homerun’s strategy is to become a primary domestic supplier while retaining export optionality.
• Planned 365,000 tpa capacity
• Offtake agreements including 100,000 tpa contract
• Engineering design underway
• Resource-adjacent location lowers costs
• Positioned to replace imports
Homerun has secured a global intellectual property agreement with NREL to commercialize the silica-based thermal energy storage system designed for long-duration renewable power storage. The system stores heat generated from renewable sources and releases it when needed, providing grid-scale flexibility.
Unlike conventional batteries, thermal storage systems can offer long operating life, scalability and potentially lower lifetime costs. A pilot project is under construction to validate commercial performance and operating economics.
An additional advantage is that the silica medium can be upgraded during operation, creating an ancillary revenue stream through sale of refined material.
• Long-duration storage technology
• Grid-scale scalability
• 30-year lifespan target
• Dual-revenue model potential
• Pilot system underway
Through its Homerun Energy subsidiary, the company is integrating advanced photovoltaic and digital energy technologies. Members of Homerun Resources’ scientific research team, through its subsidiary Homerun Energy SRL, have been key contributors to advancements in perovskite technology, including a recent peer-reviewed study in Nature Energy demonstrating scalable materials and interface approaches for large-area modules. The research showed 9.0 sq cm and 48 sq cm modules retained over 95 percent of their initial efficiency after more than 5,000 hours of 1-sun light soaking at maximum power point, highlighting both high performance and long-term operational stability.
The division also develops AI-driven energy management software designed to optimize generation, storage and consumption across distributed systems. This software layer introduces high-margin recurring revenue alongside hardware sales.
By combining materials production, component manufacturing and intelligent energy optimization, Homerun aims to create a fully integrated clean-energy ecosystem spanning the entire value chain.
• Advanced perovskite PV technology
• 95 percent efficiency retention after testing
• AI energy optimization platform
• Recurring software revenue potential
• Integrated materials-to-systems model
Brian Leeners has over 30 years of experience in venture company management and is the founder of Nexvu Capital, where he raised more than US$125 million across materials and technology sectors. He is the architect of Homerun Resources’ vertically integrated strategy and leads corporate development and capital markets engagement.
Antonio Vitor is a mining executive with 10+ years of experience in project development and extensive government, banking, and industry connections in Brazil. He has held senior roles at Transpetro, PwC, and Shell, overseeing operations and strategic partnerships in the region.
With 37 years of industry experience spanning Brazil, Canada, Namibia, and Botswana, Armando Farhate specializes in operations, engineering, and mineral resource development. He oversees Homerun’s processing, mining, and project construction activities.
Nancy Zhao is a CPA with more than 9 years in public company finance, previously serving as CFO of First Hydrogen and Neo Battery Materials. She combines financial leadership with a background in chemical engineering and procurement for Sinopec.
Dr. Terence holds a PhD in nuclear technology and brings 25 years of academic R&D experience in polymers, nanomaterials, and graphene. Formerly a coordinator at the MackGraphe Research Center, he leads Homerun’s advanced materials and technology initiatives.
Founder of TMM Capital Advisory, Tyler Muir has expertise in capital markets strategy, corporate communications, and investor engagement. He manages Homerun’s investor relations programs and market outreach.


Visit Red Metals Corp (CSE: RMES,OTC:RMESF) (OTC Pink: RMESF) at Booth #2538 at the Prospectors & Developers Association of Canada’s (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 1 to Wednesday, March 4, 2026.
About Red Metals Corp
Red Metal Resources Ltd. is a CSE-listed mineral exploration company focused on exploring and developing their premier copper-gold-cobalt property, the Carrizal Property, in Chile’s III Region.As the world’s leading copper producing nation, Chile is famous for world-class, low-grade, high-tonnage deposits but also possesses massive potential in undeveloped mid-sized, high-grade, copper-gold deposits. Chile has consistently been ranked as one of the most politically stable countries in which to invest, contains excellent infrastructure and possesses a mining-educated workforce.
About PDAC
The World’s Premier Mineral Exploration & Mining Convention is the leading convention for people, governments, companies and organizations connected to mineral exploration. In addition to meeting more than 1,100 exhibitors, 2,500 investors and 26,000 attendees in person in 2024, participants could also attend programming, courses and networking events.
The annual convention is held in Toronto, Canada. It has grown in size, stature and influence since it began in 1932 and today is the event of choice for the world’s mineral industry.
For more information and/or to register for the conference please visit: https://www.pdac.ca/convention.
We look forward to seeing you there.
For further information:
Red Metals Corp
Caitlin Jeffs
1.866.907.5403
invest@redmetalresources.com
https://redmetalresources.com/
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Silver Hammer Mining Corp. (CSE: HAMR,OTC:HAMRF) (the ‘Company’ or ‘Silver Hammer’) is pleased to announce that further to its news release dated February 2, 2026, it has closed its previously announced non-brokered private placement pursuant to the Listed Issuer Exemption (‘LIFE’) (the ‘Offering’), issuing 39,136,170 units (the ‘Units’) at a price of CDN$0.10 per Unit for gross proceeds of CDN$3,913,617.
‘The Company is pleased to close our private placement quickly and receive significant interest from new and existing shareholders. We truly appreciate the support from the resource investment community,’ commented Peter A. Ball, President & CEO. ‘The Company is now positioned well financially to fully explore its multiple high-grade and drill-ready historical silver mines in Idaho and Nevada, where we control 100% with no underlying royalties, cumbersome earn-in exploration agreements, or future payments required. Our recent acquisition of the Fahey Group project has gained significant interest, noting its location in the heart of the silver district in Idaho, and we look to aggressively explore this strategic new project this spring. It will be a busy year for the Company in this robust silver market.’
Each Unit consisted of one common share in the capital of the Company (each, a ‘Common Share‘, and collectively the ‘Common Shares‘) and one-half of one Common Share purchase warrant, (each whole warrant, a ‘Warrant‘ and collectively, the ‘Warrants‘). Each Warrant entitles the holder thereof to acquire one Common Share at a price of $0.15 per Common Share for a period of 36 months from the closing date.
In connection with the Offering, the Company paid finder’s fees consisting of CDN$52,990 in cash and issued 1,474,900 finder’s warrants (the ‘Finder’s Warrants‘) to eligible finders. Each Finder’s Warrant is exercisable to acquire one Common Share at an exercise price of CDN$0.15 for a period of 36 months from the date of issuance, and has a hold period of fourth months plus a day.
The Company intends to use the proceeds from the Offering for exploration of its Silver Strand and Fahey Group projects in Idaho, its Eliza and Silverton projects in Nevada, as well as for general working capital and corporate purposes.
About Silver Hammer Mining Corp.
Silver Hammer Mining Corp. is a well-funded junior resource company focused on advancing past-producing high-grade silver projects in the United States. Silver Hammer controls 100% of six previously producing silver mines which are located within the Silver Strand Project in the Coeur d’Alene Mining District in Idaho, USA, and within the Eliza Silver Project and the Silverton Silver Mine in Nevada. The Company also controls the Fahey Group Silver Project in the Silver Valley, Idaho. Silver Hammer’s primary focus is to explore, define and develop silver projects near past-producing mines that have not been adequately tested. The Company’s portfolio also provides exposure to copper and gold.
On Behalf of the Board of Silver Hammer Mining Corp.
Peter A. Ball
President & CEO, Director
E: peter@silverhammermining.com
For investor relations inquiries, contact:
Peter A. Ball
President & CEO
778.344.4653
E: investors@silverhammermining.com
Forward-Looking Information
This press release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. Forward-looking information in this press release includes, without limitation, statements relating to the Offering, the intended use of proceeds from the Offering, and other statements which are subject to a number of conditions, as described elsewhere in this news release. These statements are based upon assumptions that are subject to significant risks and uncertainties, including risks regarding the mining industry, commodity prices, market conditions, general economic factors, management’s ability to manage and to operate the business, and explore and develop the projects of the Company, and the equity markets generally. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance of the Company may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, they can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assume no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release.
Not for distribution to the U.S. newswire or for dissemination in the United States

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284860
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Sirios Resources (TSXV: SOI,OTC:SIREF) (OTCQB: SIREF) is pleased to announce that the Company will be presenting at Red Cloud’s Pre-PDAC Mining Showcase. We invite our shareholders and all interested parties to join us.
The conference will be held in-person at The Omni King Edward Hotel in Toronto on February 26-27, 2026.
Founder and current CEO Dominique Doucet, as well as incoming CEO Jean-Félix Lepage, will both be present on February 26th and 27th, and will present on Thursday Feb. 26 at 3:20 PM, providing an update on the Company’s new strategy following its recent acquisition of the private, Osisko-backed company OVI Mining.
Sirios Resources is entering a transformative phase with this acquisition, which will strengthen its leadership team and create a consolidated, district-scale gold platform in Québec’s Eeyou Istchee James Bay region, with a focus on advancing the company’s flagship Cheechoo Gold Project. The transaction will strengthen the management team, enhance the Company’s exploration potential, and accelerate its development.
The Red Cloud Pre-PDAC Mining Showcase brings together senior mining executives, institutional investors, and industry professionals for two days of focused presentations and one-on-one meetings.
For more information and/or to register for the conference please visit: https://redcloudfs.com/prepdac2026/.
We look forward to seeing you there.
About Sirios Resources
Sirios Resources Inc. (TSXV: SOI,OTC:SIREF) (OTCQB: SIREF) (www.sirios.com) is a Québec-based mineral exploration company focused on developing its portfolio of high-potential gold properties in the Eeyou Istchee James Bay region of Canada.
For further information:
Dominique Doucet
Executive Chairman
450-482-0603
ddoucet@sirios.com
https://www.sirios.com/en/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284888
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